Multiple Choice
Ambient Corporation sells construction purchased saws for $5,415 less 43% and 22%. Operating expenses are 22% of selling price. Ambient sells the saws for $3,042. During a recent sale a preferred customer was given the opportunity to purchase the saw for $2,585.70. What rate of mark-up was actually realized if the customer took advantage of this price?
A) 4.10%
B) 5.20%
C) 6.30%
D) 7.40%
E) 8.50%
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Sally sent a cheque for $8,000 on
Q11: An invoice for $50,000 dated March 15
Q12: An invoice for $3,500 dated September 15
Q13: Future Shop purchases computers for $787 less
Q14: Omega Restaurant buys Shiraz wine at $16.95
Q16: A product costing $350, less 30%, 20%,
Q17: Mapleview Poultry Farms gives convenience stores a
Q18: How many employees will be cut one
Q19: Sutton Trucking made two equal payments, on
Q20: A wholesaler advertises a 25% discount on